DYL (DEEP YELLOW LIMITED) 2009-06-16:
Deep Yellow announced that ongoing reconnaissance drilling on the extensive Tumas-Oryx-Tubas palaeochannel system on wide-spaced lines with four RC rigs continues to intersect high-grade and/or wide zones of carnotite mineralisation. Significant intersections include: 3m @ 1,501ppm U3O8; 8m @ 2,360ppm U3O8; and 7m @ 853ppm U3O8. The company also announced that there remains almost 50km of untested channel system to be reconnaissance drilled prior to the commencement of detail infill drilling.
Tuesday, June 16, 2009
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